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Cryptocurrency 19 Feb 2018 | 1:15 PM

US Congress sets sights on federal cryptocurrency rules

WASHINGTON: Jolted by the global investment craze over bitcoin and other cryptocurrencies, U.S. lawmakers are moving to consider new rules that could impose stricter federal oversight on the emerging asset class, several top lawmakers told Reuters.

Opinion 10 Feb 2018 | 12:00 AM

Bitcoin: Utter pipedream

I just returned from a meeting of the Asian Shadow Financial Regulatory Committee in Bangkok, writes Lin See-Yan.

Investment 10 Feb 2018 | 12:00 AM

Five rules to help avoid investing disaster

A BASIC rule of life is to avoid being a guinea pig in other people’s experiments. This is an inviolable rule of technology: consumers should always leave 1.0 of anything to the early adopters.

Corporate News 07 Feb 2018 | 12:59 PM

Sex businesses find willing partners in cryptos

Freedom from complications has some adult companies cheering the swell of digital currencies, including Bitcoin and Ethereum, and the rise of digital-payment tokens, which could help them skirt skeptical intermediaries and allow customers to make direct payments.

Cryptocurrency 06 Feb 2018 | 4:22 AM

Bitcon slump continues, hits low of US$6,190

KUALA LUMPUR: Bitcon extended its decline on Tuesday, slumping to a low of US$6,190 as governments sought to further restrict cryptocurrencies.

Smebiz 29 Jan 2018 | 12:00 AM

A different fundraising option

AUNG Kyaw Moe and Jun Hasegawa have a lot in common. Both are entrepreneurs. Both left home to seek their fortunes. Both are now working on digital payment projects with operations in SouthEast Asia.

Football 25 Jan 2018 | 2:05 AM

English soccer club Arsenal signs up to promote cryptocurrency

LONDON (Reuters) - English soccer team Arsenal is entering the cryptocurrency world by signing a deal to promote new digital tokens being sold by an American gaming software company.

TECH 23 Jan 2018 | 9:09 AM

More than 10% of US$3.7bil raised in ICOs has been stolen – Ernst & Young

More than 10% of funds raised through "initial coin offerings" are lost or stolen in hacker attacks, according to new research by Ernst & Young that delves into the risks of investing in cryptocurrency projects online.

Banking 20 Jan 2018 | 12:00 AM

SC and Bank Negara caution over unauthorised ICO activities

KUALA LUMPUR: Hot on the heels of Singapore-registered CopyCash Foundation ceasing its planned initial coin offering (ICO) in Malaysia, the Securities Commission (SC) and Bank Negara have jointly cautioned the public about ICO schemes which may involve activities that are subject to laws administered by both regulators.

Business 20 Jan 2018 | 12:00 AM

Click and mortar

BUY online and pick up in-store. Lots of retailers are now offering this option in the US and elsewhere in more developed markets. Malls in Malaysia are already looking into it in the face of growing competition from e-commerce sales. In the future, instead of brick-and-mortar, Malaysian malls and retailers will be offering click-and-mortar services too.